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Cushman & Wakefield Arranges $93.53M Sale for Texas-based Real Estate Firm

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Three Birmingham, Alabama, Properties Total 1,816 Units

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Cushman & Wakefield (NYSE: CWK) has arranged the $93.53 million sale of
three multifamily properties in Birmingham, Alabama, totaling 1,816
units. Josh Jacobs and Jimmy Adams of Cushman & Wakefield represented
the seller, a Texas-based real estate firm, in the transaction, which is
the largest in the Birmingham market in the last five years. Contour
Development acquired the properties.

“The more than 1,800-unit package represented the rare opportunity to
establish a major foothold as a large-scale portfolio owner within the
Birmingham rental market,” Jacobs said. “The offering generated
significant interest on a national and even international level. New
ownership offers an impressive track record in multifamily
revitalizations across the U.S., and we are extremely excited to see
their value-add programs take shape at each property.”

The Park at Buckingham, located in Homewood, was built in 1972 and
includes 583 units. Amenities include lighted championship size tennis
courts, a sand volleyball court, two pools with sun decks and a theater
room. The Park at Callington and Carlyle encompasses a total of 1,233
units built in 1978 and 1973. Amenities include lighted tennis courts,
three pools with sun decks, a volleyball court and a fitness center.
Each asset maintains an excellent location with connectivity to Homewood
and to Downtown Birmingham’s employment drivers.

Cushman & Wakefield’s Southeast Multifamily Advisory Group ranked No. 1
in market share in 2018 based on closed transactions, totaling over $4.5
billion in sales volume, according to Real Capital Analytics. For more
information about Cushman & Wakefield’s Southeast Multifamily Advisory
Group, visit https://multifamily.cushwake.com.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services
firm that delivers exceptional value for real estate occupiers and
owners. Cushman & Wakefield is among the largest real estate services
firms with approximately 51,000 employees in 400 offices and 70
countries. In 2018, the firm had revenue of $8.2 billion across core
services of property, facilities and project management, leasing,
capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com
or follow @CushWake
on Twitter.

Source: Cushman & Wakefield

Contacts

For Further Information Contact:
Savannah Durban
Communications
Specialist
+1 404 853 5371
[email protected]

Media
Contact:

Bailey Webb
Corporate Public Relations Director
+1
404 682 3381
[email protected]


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Cannabis

Sannabis, Inc. (OTC: USPS) Announces First Shipment of Cannabis Essential Oil from Colombia to U.S. to Fill First Order, as the DEA Re-Classifies Marijuana from Schedule I to Schedule III

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Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace

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humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace

Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia

SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.

The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.

Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.

“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”

Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”

About Humboldt Seed Company

Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.

For more information visit https://humboldtseedcompany.com/.

About Apollo Green

Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics. 

For more information visit https://apollogreen.com/.

Media contact
Jaana Prall
[email protected] 

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